Insider Selling: Cimpress plc (NASDAQ:CMPR) CEO Sells $289,270.30 in Stock

Cimpress plc (NASDAQ:CMPR) CEO Florian Baumgartner sold 3,410 shares of the stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $84.83, for a total transaction of $289,270.30. Following the completion of the sale, the chief executive officer now directly owns 29,804 shares in the company, valued at $2,528,273.32. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Florian Baumgartner also recently made the following trade(s):

• On Monday, April 15th, Florian Baumgartner sold 4,432 shares of Cimpress stock. The shares were sold at an average price of $92.24, for a total value of $408,807.68.
• On Monday, April 8th, Florian Baumgartner sold 4,433 shares of Cimpress stock. The stock was sold at an average price of $97.88, for a total value of $433,902.04.
• On Monday, April 1st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The shares were sold at an average price of $89.97, for a total value of $511,299.51.
• On Thursday, March 21st, Florian Baumgartner sold 5,683 shares of Cimpress stock. The stock was sold at an average price of $92.81, for a total value of $527,439.23.

Cimpress Trading Up 0.6 %

Shares of Cimpress stock opened at $83.09 on Friday. The stock’s fifty day moving average price is $91.13 and its 200-day moving average price is $80.26. The firm has a market cap of $2.21 billion, a P/E ratio of 25.65, a P/E/G ratio of 1.09 and a beta of 1.94. Cimpress plc has a 12 month low of $42.84 and a 12 month high of $100.01.

Cimpress (NASDAQ:CMPR) last posted its earnings results on Wednesday, May 1st. The business services provider reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.29). Cimpress had a net margin of 2.69% and a negative return on equity of 14.67%. The business had revenue of $780.59 million for the quarter, compared to analysts’ expectations of $782.65 million. During the same period last year, the business posted ($0.97) EPS. Analysts forecast that Cimpress plc will post 3.16 earnings per share for the current year.

Institutional Trading of Cimpress

A number of hedge funds have recently bought and sold shares of CMPR. DekaBank Deutsche Girozentrale purchased a new position in shares of Cimpress in the 3rd quarter valued at $88,000. Contravisory Investment Management Inc. bought a new stake in Cimpress during the fourth quarter valued at about $185,000. Principal Financial Group Inc. purchased a new position in Cimpress in the first quarter valued at about $200,000. Crestwood Advisors Group LLC bought a new position in Cimpress in the third quarter worth about $210,000. Finally, Olympiad Research LP purchased a new stake in shares of Cimpress during the fourth quarter valued at about $212,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on CMPR. Truist Financial raised their price target on shares of Cimpress from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. Barrington Research lifted their price target on shares of Cimpress from $100.00 to $113.00 and gave the company an “outperform” rating in a research note on Monday, February 5th.

Cimpress Company Profile

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.